Revenue segments as reported by the company.

Net interest income

Noninterest income

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Provision for credit losses

Noninterest expense

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Bank of America

Merrill Lynch Wealth Management is a wealth management division of Bank of America. The firm is headquartered in New York City, and occupies the entire 34 stories of 250 Vesey Street, part of the Brookfield Place complex, in Manhattan. Merrill Lynch employs over 15,000 financial advisors and manages $2.2 trillion in client assets.

Merrill Lynch

U.S. Trust is a private bank serving the needs of high net worth and ultra high net worth individuals and families by providing investment management, financial and succession planning, philanthropic and specialty asset management, family office services, custom credit solutions, financial administration and family trust stewardship.

U.S. Tust

Bank of America Corp. is a bank and financial holding company, which engages in the provision of banking and nonbank financial services. It operates through the following segments: Consumer Banking, Global Wealth and Investment Management (GWIM), Global Banking, Global Markets, and All Other. The Consumer Banking segment offers credit, banking, and investment products and services to consumers and small businesses. The GWIM segment offers solutions to meet clients’ needs through a full set of investment management, brokerage, banking, and retirement products. The Global Banking segment deals with lending-related products and services, integrated working capital management and treasury solutions to clients, and underwriting and advisory services. The Global Markets segment includes sales and trading services, as well as research, to institutional clients across fixed-income, credit, currency, commodity, and equity businesses. The All Other segment consists of asset and liability management activities, equity investments, non-core mortgage loans and servicing activities, the net impact of periodic revisions to the mortgage servicing rights (MSR) valuation model for both core and non-core MSRs, other liquidating businesses, residual expense allocations and other. The company was founded by Amadeo Peter Giannini in 1904 and is headquartered in Charlotte, NC.

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Bank of America posts robust Q4 earnings amidst growth opportunities

Bank of America's Q4 2022 performance reflects strength in earnings, asset quality, and revenue growth, supported by a focus on cost control and operational efficiency.
While facing challenges related to interest rates and regulatory changes, the bank is well-positioned to capitalize on opportunities in consumer and wealth management businesses.
Strategic initiatives to balance earnings, capital, and liquidity, alongside a commitment to prudent risk management, position Bank of America for sustainable growth and value creation.

Bank of America posts strong Q1 results, eyes growth opportunities

Bank of America delivered a robust Q1 performance with notable revenue and EPS growth, underpinned by strong asset quality and capital strength.
While facing challenges in managing expenses and deposit trends, the bank's focus on digital adoption and operational efficiency positions it for future growth.
Opportunities lie in optimizing net interest income, capitalizing on market disruptions, and leveraging AI for enhanced customer service and operational excellence.
Overall, Bank of America's strategic focus on growth, credit quality, and operational efficiency sets a solid foundation for sustained performance and shareholder value.

Bank of America posts record earnings, focuses on digital growth

Bank of America's strong financial performance, efficient expense management, and digital progress drove exceptional results.
While challenges like potential capital requirement increases exist, opportunities in technology and operational efficiency pave the way for future growth.
The bank's focus on stability, profitability, and organic growth positions it well for continued success in the market.
Overall, Bank of America's Q2 2023 earnings call reflects a solid foundation for sustained performance and innovation.

Bank of America posts strong Q3 earnings, eyes growth opportunities

Bank of America delivered a strong quarter with improved financials and segment performance, focusing on expense discipline and efficiency.
Despite challenges in operating leverage and potential Basel III impacts, the bank remains well-positioned with excess capital and strong customer engagement.
Opportunities lie in stabilizing deposit trends, capitalizing on Investment Banking growth, and aligning deposit strategies with loan growth.
Overall, Bank of America's performance reflects resilience and strategic positioning for future growth and profitability.

Bank of America posts solid Q4 results, eyes AI growth

Bank of America's Q4 2023 showcased strong performance in key segments, with a focus on expense discipline and credit quality metrics. The bank outlined strategies for future growth, emphasizing AI investments, capital allocation, and managing commercial credit performance effectively.

Bank of America reports strong Q1 earnings and eyes growth

Bank of America delivered strong Q1 2024 earnings, driven by robust performance across its business segments, including Investment Banking, Sales and Trading, and Global Markets.
The company's focus on operational excellence, digitization, and cost savings has resulted in improved efficiency and a strong balance sheet, with opportunities for further growth.
While challenges exist in expense management and asset balancing, Bank of America is well-prepared to navigate these hurdles and capitalize on opportunities for revenue and profitability.
Overall, Bank of America's strategic focus on customer relationships, expense control, and balance sheet strength positions it well for continued success and growth in the future.

Bank of America reports strong Q3 earnings and digital growth

Bank of America's Q3 2024 earnings call showcased robust financial performance, driven by revenue growth, net income, and strategic investments in key business areas.
The bank's emphasis on digital innovation, organic growth, and shareholder value creation underlines its competitive strengths and long-term sustainability.
While facing challenges such as anticipated rate cuts and regulatory complexities, Bank of America remains well-positioned to capitalize on growth opportunities and navigate industry dynamics effectively.
By focusing on responsible growth, operational efficiency, and customer-centric strategies, Bank of America continues to demonstrate resilience and strategic foresight in a dynamic market environment.

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Cost of revenue

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Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Apple

In terms of market cap, a tech giant comprises nearly half of Berkshire's entire equity portfolio. Berkshire also gets paid regularly by a bank familiar to nearly every American.

2 Hot Warren Buffett Stocks That Raised Their Dividends This Year

Amazon

Mastercard

Moody's

Markel

Amazon has solid growth prospects in e-commerce and even better opportunities with its cloud services platform. Bank of America ranks among the most innovative banks in the world.

Got $1,000? 5 Buffett Stocks to Buy and Hold Forever

Bank of America is expected to significantly increase profitability in a normalized interest rate environment due to its low-cost deposit base. The bank's market power and customer trust enable it to maintain higher spreads as interest rates rise. The bank's asset portfolio will take time to adjust to higher rates, but overall net interest margins are expected to improve over the next 5 years.

Bank Of America: The Soaring Value Of Low-Cost Deposit Base

CHARLOTTE, N.C. , Dec. 15, 2023 /PRNewswire/ -- Bank of America Corporation today announced the Board of Directors has authorized regular cash dividends on the outstanding shares or depositary shares of the following series of preferred stock: Series of Preferred Stock Dividend per Shareor Depositary Share 1 Record Date Payment Date 7.25% Non-Cumulative Perpetual Convertible Preferred Stock, Series L $18.125 January 1 January 30 5.875% Non-Cumulative Preferred Stock, Series HH $0.3671875 January 1 January 24 Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series MM $21.50 January 1 January 29 4.375% Non-Cumulative Preferred Stock, Series NN $0.2734375 January 15 February 5 4.125% Non-Cumulative Preferred Stock, Series PP $0.2578125 January 15 February 2 4.375% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series RR $10.9375000 January 1 January 29 6.125% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series TT $15.3125000 January 1 January 29 1 Each series of preferred stock, other than Series L, is represented by depositary shares.

Bank of America Declares First Quarter 2024 Preferred Stock Dividends

Bank of America (BAC) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Strength Seen in Bank of America (BAC): Can Its 5.9% Jump Turn into More Strength?

Berkshire Hathaway holds positions in more than 40 stocks, many of which were picked by Warren Buffett himself. It's tough to make a case against most of Berkshire's stocks, as they are largely solid businesses and industry leaders.

3 Warren Buffett Stocks to Buy Hand Over Fist in December

PNC Financial Services

An analyst upgraded his recommendations on no less than five banking stocks. He feels that the Fed gave the sector a major boost on Wednesday.

Why Bank of America and PNC Stocks Crushed the Market Today

Citigroup

Goldman Sachs

JPMorgan Chase & Co

Morgan Stanley

Corporate bonds from the big money-center banks are rallying in concert with their stock prices amid more bullish sentiment on Wall Street about potential interest-rate cuts in 2024.

Bond prices rally for JPMorgan, Morgan Stanley, Goldman Sachs and Bank of America as sentiment turns bullish on money-center banks

Nu Holdings

I have great respect for Warren Buffett. He's one of the great “buy-and-hold” investors of all time.

The 3 Most Undervalued Warren Buffett Stocks to Buy in December

SPDR S&P Bank ETF

SPDR S&P Regional Banking ETF

Wells Fargo

Shares in U.S. banks were rallying strongly on Thursday after the Federal Reserve signaled potential interest rate cuts in 2024 with the sector returning to its highest level since early March just before a crisis that put some banks out of business.

Bank stocks rally to pre-crisis levels after Fed meeting

Fifth Third Bancorp

SoFi Technologies

Bank stocks are up today and investors wonder why have come to the right place! The reason that bank stocks are up on Thursday has to do with an update from the Federal Reserve.

Why Are Bank Stocks Up Today?

Bank of Hawaii

Citizens Financial Group

The Fed signals interest rate cuts for 2024, driving the bank stocks higher. The rate cuts offer banks, including JPMorgan (JPM), Bank of America (BAC), Citizens Financial (CFG) and Bank of Hawaii (BOH), a much-needed breather and will aid financials.

Bank Stocks Soar as Fed Signals Three Rate Cuts for 2024

Several major bank stocks jumped after the U.S. Federal Reserve held rates steady for the third straight time on Wednesday. Fed officials also signaled at least three rate cuts in 2024.

Why SoFi Technologies, Bank of America, and Fifth Third Bancorp Stocks Rallied on Wednesday

Bank of America is the second-largest bank in the U.S. It provides various financial services and has grown net interest income thanks to higher interest rates. However, it also sits on $132 billion in unrealized losses due to those higher rates.

4 Things You Need to Know if You Buy Bank of America Stock Today

Truist Financial

While the S&P 500 has had an excellent year in 2023, the financial sector has underperformed dramatically. Due to rising rates, economic uncertainty, and the banking turbulence earlier in the year, many bank stocks remain beaten down.

The S&P 500 Just Hit a Fresh 2023 High, but These 2 Stocks Are Still on Sale

Coca-Cola

Occidental Petroleum

The Oracle of Omaha has doubled the annualized total return of the benchmark S&P 500 since becoming CEO of Berkshire Hathaway in the mid-1960s. Dividend stocks have been an unsung hero for Berkshire's nearly $366 billion investment portfolio.

Warren Buffett Is Raking In Nearly $3.5 Billion in Annual Dividend Income From Just 4 Stocks

Alibaba

BYD Co Ltd

Costco

Daily Journal

U.S. Bancorp

Shortly before he died last month, Charlie Munger told CNBC, “My game in life was always to avoid all standard ways of failing

In Memory of a Legend: 7 Stocks That Charlie Munger Loved

Consumers are showing signs of increasing financial distress. Bank of America has enjoyed rising profits since the Fed began hiking benchmark interest rates.

Bank of America Is Great. Here's Why You Shouldn't Buy The Stock.

Bank of America on Monday promoted 334 employees to become managing directors, a cohort that was 8% smaller than in the previous year.

BofA appoints 334 new managing directors, down 8% from last year

Alphabet

Johnson & Johnson

PayPal

AT&T

Warren Buffett has overseen a nearly 20% annualized return for his company's Class A shares (BRK.A) since taking the reins in the mid-1960s. Thanks to an acquisition 25 years ago, Berkshire Hathaway owns a specialty investment firm with over $600 million in invested assets -- i.e.

5 Phenomenal Stocks in Warren Buffett's "Secret" Portfolio That Are Screaming Buys in 2024

Blackrock Inc

Comcast

McDonald's

Microsoft

PepsiCo

Restaurant Brands

Toronto-Dominion Bank

UnitedHealth Group

Visa

Dividend growth companies can act like the engine of your investment portfolio, ensuring that you raise your annual dividend income at an attractive growth rate. In today's article, I will introduce you to 10 dividend growth companies that are worth consider investing in during this month of December for various reasons. The selected picks have not only shown strong dividend growth rates, they also stand out for their attractive Valuation, significant competitive advantages, positive growth outlooks, and their financial health.

My Top 10 Dividend Growth Companies For December: Growth Up To 16%, Yields Reaching 5%

American Express

Chevron

Warren Buffett has overseen a nearly 20% annualized return for his company's Class A shares (BRK.A) dating back almost 60 years. Portfolio concentration is the unsung hero of Berkshire Hathaway's $363 billion investment portfolio.

79% of Warren Buffett's $363 Billion Portfolio Is Invested in Just 6 Stocks

FedEx

Kraft Heinz

Altria

Petroleo Brasileiro

Pfizer

Banco Santander

Verizon

High dividend yield companies can provide investors with several benefits, such as the generation of income and the reduction of portfolio volatility. Furthermore, the companies' continuous dividend payments can be an indicator of their financial health, particularly if these dividends are sustainable.

My Top 10 High Dividend Yield Companies For December 2023

Global financial firms - JPMorgan (JPM), Goldman (GS), Citigroup (C) and Bank of America (BAC) - are expecting the operating backdrop to turn favorable for capital markets businesses.

Key Takeaways From Executive Conference About Capital Markets

Ares Capital

Realty Income Corp

Owning Bank of America shares is ultimately a bet that the world will need banks for the indefinite future

News for Bank of America Stock (BAC)